KARACHI (PR) - Dawood Capital Management Ltd (DCM) has entered into an agreement with Dawood Family Takaful Ltd (DFTL) to provide free accidental death coverage to all its individual unit holders of open-end funds namely, Dawood Money Market Fund (DMMF) and Dawood Islamic Fund (DIF). The aforesaid agreement was executed between Tara Uzra Dawood, CEO, DCM and Abdul Halim Nasri, CEO, DFTL. As per Takaful Arrangement (Islamic Life Insurance) all individual unit holders are covered against the accidental death coverage equivalent to their actual amount of investment in the aforementioned funds subject to the maximum limit of Rs 1 million. DCM Ltd was the first listed Asset Management Company in Pakistan and has so far floated three funds: the open-end Income Fund DMMF, closed end Balanced Fund FDMF and the shariah-compliant Asset Allocation Fund DIF.